Schlumberger Wins $170m Zohr Development Contract

Schlumberger Wins $170m Zohr Development Contract
Schlumberger

The world’s largest oilfield services company, Schlumberger Limited, has declared that its subsidiary, OneSubsea, has won a $170m engineering, procurement and construction contract from Egypt’s Petrobel, to help with the development of Egypt’s Zohr offshore natural gas field, according to UPI.

The Houston-based giant stated on its website that the Zohr field is one of the largest natural gas fields ever discovered in the Mediterranean Sea to date, it is also the world’s second longest step-out, with a distance greater than 150 km. OneSubsea will use its fiber-optic communications technology in developing the subsea production and control systems at the gas field.

The company’s website also cited the President of OneSubsea, Mike Garding, ensuring that: “Our supplier-led approach to the field development, coupled with our FasTrac program capability, and our integrated offering that includes flow assurance, subsea production system and landing string capabilities, will help Petrobel meet their first gas commitment.”

In March, OneSubsea secured another contract from BP for work on a complex of West Nile Delta fields off the coast of Egypt.

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